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Cairo (Photo: Knight Frank 2015 Report)
Winifred Selby (Photo: Anzisha Prize)
Becca Blond, 5:30 pm
As South Africa’s third-largest city, Durban has plenty of sleeping options for all budgets, with dozens of hotels, inns, guesthouses and backpackers to choose from. Here we round up five favorite Durban hotels for every price bracket, from the ocean to the city center.
Staff, 12:20 pm
Abraaj Group has raised about US$1.3 billion for two funds investing in Africa to tap into the continent’s economic growth, a person familiar with the deal said. One fund focusing on Sub-Saharan Africa will be about $1bn, while the second North African fund will be more than $300 million, the source said. Abraaj, with assets of about $7.5bn, has been boosting its reach with investments in Sub-Saharan Africa.
Dana Sanchez, 12:17 pm AFKI Original
An hour outside Cape Town, Stellenbosch is in the heart of South African wine country, surrounded by vineyards and buzzing with business and tourist opportunities. You can get tipsy just thinking about it. South Africa is a major wine exporter — No. 9 in the world. Stellenbosch can be expensive. Here are some things to do in Stellenbosch when you’re almost broke.
Kevin Mwanza, 11:22 am
Nigeria’s opposition candidate Muhammadu Buhari of the took an early lead a presidential election pitting him and the incumbent Goodluck Jonathan as front runners and that could turn out to be one of the most historic for the Africa’s largest economy. According to a Reuters tally from 33 of Nigeria’s 36 states, the 72-year-old Buhari had more than 14 million votes
Staff, 8:31 am
Tanzania plans to spend $14.2 billion to construct a new rail network in the next five years financed with commercial loans, the transport minister said, as the country aims to become a regional transport hub. Tanzania, like its neighbour Kenya, wants to profit from its long coastline and upgrade existing rickety railways and roads to serve growing economies in the land-locked heart of Africa.
Kevin Mwanza, 6:54 am
The entrance of Uber into Africa’s taxi app market has caused a number of alternative taxi startups operating on the continent lost their market share and rethink their business approach. One of these app is Easy Taxi. Backed by Rocket Internet, Easy Taxi is transport app startup that operates in Latin America, Africa, Middle East and Asia and is often dubbed the world’s farthest-reaching taxi app
Karen Elowitt, 5:38 am
There are things you can do in Africa that are not available anywhere else in the world. But be warned: there are some aspects of tourism on the continent that take advantage of the people and abuse the environment in unethical ways. Here’s how to avoid them.
Staff, 8:29 pm
It’s not just about the big corporations. Individuals in Africa are using social media to build personal brands to help them get jobs or to win fans. More African CEOs and executives are becoming visible on social media, particularly Twitter, which makes networking your way into an opportunity easier than ever.
- Real Estate